Streetbeat News

EDBL

Edible Garden AG Incorporated

https://www.ediblegarden.com

Industry

Agricultural Farm Products

Edible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. It offers various products, including individually potted, live herbs, cut single-herb clamshells, specialty herb items, various types of lettuce, hydro basil, bulk basil, and vegan protein powder. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.

Open

0.15

Mkt cap

Volume

2.1M

High

0.16

P/E Ratio

-0.01

52-wk high

13.40

Low

0.15

Div yield

N/A

52-wk low

0.12

The article lists the stocks that gained and lost the most during Thursday's mid-day trading session. Some of the biggest gainers include American Rebel Holdings, Wheeler Real Estate Investment Trust, and Sigma Additive Solutions. On the other hand, some of the biggest losers include Palisade Bio, Edible Garden AG, and Sportsman's Warehouse Holdings. The Toro Company's shares declined by 13.7% due to worse-than-expected third-quarter results and a cut in its FY23 guidance.

Portfolio Pulse from Lisa Levin

September 07, 2023 | 5:19 pm

U.S. stocks traded mostly lower with the Nasdaq Composite falling around 200 points. ABM Industries reported weaker-than-expected earnings for its third quarter, with adjusted EPS of $0.79 missing the consensus of $0.89. Sigma Additive Solutions, Wheeler Real Estate Investment Trust, and American Rebel Holdings saw their shares rise significantly. Palisade Bio, Sportsman's Warehouse Holdings, and Edible Garden AG saw their shares drop significantly.

Portfolio Pulse from Lisa Levin

September 07, 2023 | 4:00 pm

Edible Garden AG Inc (NASDAQ:EDBL) shares have dropped by 28% to $0.93 after the company priced its $3.0 million underwritten public offering. The company has also granted underwriters an option to purchase additional shares and/or warrants to cover over-allotments. The offering is expected to close on September 8.

Portfolio Pulse from Henry Khederian

September 07, 2023 | 3:59 pm

Edible Garden has priced a $3.0M underwritten public offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 1:42 pm

Edible Garden AG Incorporated (NASDAQ:EDBL) has announced the pricing of its underwritten public offering of 2,700,726 units at $1.10 per unit. Each unit consists of one share of common stock and one warrant to purchase one share of common stock. The gross proceeds are expected to be approximately $3.0 million. The offering is expected to close on September 8, 2023.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 1:32 pm

Several stocks have shown significant movement in pre-market trading. WestRock Company (NYSE:WRK) gained 11.6% as it is nearing a deal to merge with Smurfit Kappa. Other gainers include American Rebel Holdings, Inc. (NASDAQ:AREB), Artelo Biosciences, Inc. (NASDAQ:ARTL), and Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR). On the other hand, Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) fell 25.8% after posting downbeat Q2 results. Other losers include NeuBase Therapeutics, Inc. (NASDAQ:NBSE), Verint Systems Inc. (NASDAQ:VRNT), and Yext, Inc. (NYSE:YEXT).

Portfolio Pulse from Lisa Levin

September 07, 2023 | 12:10 pm

The article lists the stocks that gained and lost the most during Tuesday's mid-day trading session. Among the gainers were Verb Technology Company, SIGNA Sports United, Novo Integrated Sciences, and Cellectar Biosciences. Among the losers were BioCardia, Trinseo, AERWINS Technologies, and 1847 Holdings. America's Car-Mart shares fell by 11.8% following weak quarterly earnings and the appointment of Doug Campbell as CEO.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 5:34 pm

Several consumer staples stocks experienced significant movement in Monday's after-market session. Gainers included Better Choice Co (AMEX:BTTR), TDH Hldgs (NASDAQ:PETZ), Blue Star Foods (NASDAQ:BSFC), Mama`s Creations (NASDAQ:MAMA), Meiwu Technology Co (NASDAQ:WNW), and Steakholder Foods (NASDAQ:STKH). Losers included Jupiter Wellness (NASDAQ:JUPW), Edible Garden AG (NASDAQ:EDBL), Planet Green Holdings (AMEX:PLAG), Flora Growth (NASDAQ:FLGC), Hempacco (NASDAQ:HPCO), and Arcadia Biosciences (NASDAQ:RKDA).

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 9:31 pm

In Monday's pre-market session, consumer staples stocks showed significant movement. Edible Garden AG, Hempacco, Alkaline Water Co, and Bruush Oral Care saw gains, while Flora Growth, Dingdong (Cayman), Benson Hill, Nuzee, and Eastside Distilling experienced losses. Dingdong's Q2 earnings were released yesterday.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 1:06 pm

In Friday's mid-day session, several stocks experienced significant movements. Notable gainers included Edible Garden AG Incorporated (EDBL), TradeUP Acquisition Corp. (UPTD), and Taoping Inc. (TAOP), which reported a YoY increase in H1 EPS and sales results. Dell Technologies Inc. (DELL) and Elastic N.V. (ESTC) also gained after reporting better-than-expected Q2 results and raising their outlooks. On the other hand, Aditxt, Inc. (ADTX) and iCoreConnect Inc. (ICCT) were among the losers, with Olin Corporation (OLN) tumbling after announcing that its CEO will step down in 2024.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 5:18 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.